The United States government entered its first shutdown in six years on Wednesday, a political standoff that coincided with a rise in Bitcoin and gold as investors sought safe-haven assets.
The US government is experiencing its first shutdown since the 35-day closure in December 2018, stemming from deep partisan divisions that have made Congress unable to pass a key funding bill needed for the 2026 fiscal year.
The main dispute stems from a temporary funding measure, known as a continuing resolution. The Republicans advanced the CR without additional policy changes requested by Democratic Party members, led by Senator Chuck Schumer, who demanded a permanent extension of Affordable Care Act tax credits, which they said would prevent millions from losing healthcare coverage…more
Source cointelegraph.com
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